Why is 360 ONE falling/rising?

As of 15-Oct, 360 ONE WAM Ltd's stock price is rising, currently at 1,157.70, reflecting an increase of 32.25 or 2.87%. The stock has shown a strong performance today, outperforming its sector by 0.71% and achieving a consecutive gain over the last four days, with a total return of 6.72% during this period. Additionally, it reached an intraday high of Rs 1171.2, which is a 4.07% increase. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, it has generated a return of 3.83%, consistently outperforming the BSE500 in the last three annual periods, supported by strong long-term fundamentals, including an average Return on Equity (ROE) of 18.36%.
In the broader market context, the stock's short-term return of 6.66% over the past week significantly outpaces the Sensex's return of 1.02% during the same period. The finance/NBFC sector has also seen a gain of 2.24%, indicating a favorable environment for stocks in this sector. Furthermore, rising investor participation is evident, with a delivery volume increase of 62.28% compared to the 5-day average, suggesting heightened interest and liquidity in the stock. Overall, the combination of strong recent performance, positive sector trends, and robust fundamentals contributes to the upward movement of 360 ONE WAM Ltd's stock price.